Ann Arbor - Crain's Detroit Businesshttp://www.crainsdetroit.com/taxid/19005454
Latest news and features from crainsdetroit.comen-usSun, 2 Aug 2015 02:14:13 EDT10Ann Arbor - Crain's Detroit Business14416http://www.crainsdetroit.com/taxid/19005454
http://www.crainsdetroit.com/assets/cd/cdb_logo_rss.gifAmtrak testing retractable platform at Ann Arbor train stationhttp://www.crainsdetroit.com/article/20150728/NEWS01/150729870/amtrak-testing-retractable-platform-at-ann-arbor-train-station
http://www.crainsdetroit.com/article/20150728/NEWS01/150729870/amtrak-testing-retractable-platform-at-ann-arbor-train-stationTue, 28 Jul 2015 12:15:00 EDTAssociated Press - The Amtrak station in Ann Arbor is testing a retractable platform designed to make it easier and faster for people with wheelchairs, strollers or luggage get on and off trains. Michigan Lt. Gov. Brian Calley, state Supreme Court Justice Richard Bernstein and others were on hand for the recent dedication of the prototype setback-shuttle platform. Bernstein is blind, and Amtrak said the platform will improve travel for people with disabilities. "The platform mechanically extends toward the train, ]]>University of Michigan settles disability bias lawsuit http://www.crainsdetroit.com/article/20150723/NEWS01/150729939/university-of-michigan-settles-disability-bias-lawsuit
http://www.crainsdetroit.com/article/20150723/NEWS01/150729939/university-of-michigan-settles-disability-bias-lawsuitThu, 23 Jul 2015 09:55:00 EDTXanEdu Publishing books $8 million in fundinghttp://www.crainsdetroit.com/article/20150712/NEWS/307129991/xanedu-publishing-books-8-million-in-funding
http://www.crainsdetroit.com/article/20150712/NEWS/307129991/xanedu-publishing-books-8-million-in-fundingSun, 12 Jul 2015 08:00:00 EDT
Tom Henderson
- Ann Arbor-based XanEdu Publishing Inc., which customizes educational content for the K-12, university and corporate markets, will formally announce Monday that it has closed on a funding round of $8.1 million.CEO John DeBoer told Crain's the company will use the funding to increase its marketing and sales teams and hire software developers to add features to the corporate learning and development business it launched in January.The funding comes from new and existing investors, including]]>Omni MedSci Inc.: Tech innovator likes to 'play where the puck is going to be'http://www.crainsdetroit.com/article/20150711/AWARDS1315/150719987/omni-medsci-inc-tech-innovator-likes-to-play-where-the-puck-is-going
http://www.crainsdetroit.com/article/20150711/AWARDS1315/150719987/omni-medsci-inc-tech-innovator-likes-to-play-where-the-puck-is-goingSat, 11 Jul 2015 17:00:00 EDT
Gary Anglebrandt
- Top executive: Mohammed Islam, founder and CTO Patents in 2014: 3 Score: 149.50 Mohammed Islam could be a poster child for a patenting professional. He's founded six companies based on his patents. He teaches courses on the subject, showing University of Michigan engineering students the right and wrong ways to win patents. And he has collected more than 150 patents of his own, or so he thinks. "The last time I checked, in total, it was around 150. I lost count," he said. Islam's field is]]>14. Duo Security Inc.: Ann Arbor internet software and services companyhttp://www.crainsdetroit.com/article/20150711/AWARDS1315/150719965/14-duo-security-inc-ann-arbor-internet-software-and-services-company
http://www.crainsdetroit.com/article/20150711/AWARDS1315/150719965/14-duo-security-inc-ann-arbor-internet-software-and-services-companySat, 11 Jul 2015 17:00:00 EDT
Gary Anglebrandt
- Top executive: Dug Song, CEO Patents in 2014: 4 Score: 122.78 The provider of network authentication software has raised $49 million in venture capital funding. Most recently, it announced in April that it had raised $30 million in a Series C funding round. The funds will be used to invest in engineering and international expansion. Its four new patents were for authenticating users of networked systems, including one for authenticating users of mobile devices. Duo Security has only five]]>3. NeuroNexus Technologies Inc.: Ann Arbor medical devices firmhttp://www.crainsdetroit.com/article/20150711/AWARDS1315/150709882/3-neuronexus-technologies-inc-ann-arbor-medical-devices-firm
http://www.crainsdetroit.com/article/20150711/AWARDS1315/150709882/3-neuronexus-technologies-inc-ann-arbor-medical-devices-firmSat, 11 Jul 2015 17:00:00 EDT8. Imra America Inc.: Ann Arbor automotive supplierhttp://www.crainsdetroit.com/article/20150711/AWARDS1315/150719970/8-imra-america-inc-ann-arbor-automotive-supplier
http://www.crainsdetroit.com/article/20150711/AWARDS1315/150719970/8-imra-america-inc-ann-arbor-automotive-supplierSat, 11 Jul 2015 17:00:00 EDTAnn Arbor's Glacier Hills, Livonia's Trinity Senior Living Communities explore mergerhttp://www.crainsdetroit.com/article/20150707/NEWS/150709921/ann-arbors-glacier-hills-livonias-trinity-senior-living-communities
http://www.crainsdetroit.com/article/20150707/NEWS/150709921/ann-arbors-glacier-hills-livonias-trinity-senior-living-communitiesTue, 7 Jul 2015 14:00:00 EDTOxford Cos. acquires McMullen portfolio in $102 million dealhttp://www.crainsdetroit.com/article/20150624/NEWS/150629923/oxford-cos-acquires-mcmullen-portfolio-in-102-million-deal
http://www.crainsdetroit.com/article/20150624/NEWS/150629923/oxford-cos-acquires-mcmullen-portfolio-in-102-million-dealWed, 24 Jun 2015 13:15:00 EDT
Kirk Pinho
- Two Ann Arbor real estate companies have completed a deal that in the end will be about $102 million as one firm becomes owner and manager of about 15 percent of the office market there and the other is dissolved after more than four decades in business. Oxford Cos. closed on the purchase of 22 buildings spread over three office parks previously owned by McMullen Realty Co. Inc., which was founded by Tom McMullen in 1972. The deal was financed using about $80 million in debt originated by]]>Ann Arbor native named first woman to lead a national security laboratoryhttp://www.crainsdetroit.com/article/20150622/NEWS01/150629966/ann-arbor-native-named-first-woman-to-lead-a-national-security
http://www.crainsdetroit.com/article/20150622/NEWS01/150629966/ann-arbor-native-named-first-woman-to-lead-a-national-securityMon, 22 Jun 2015 12:06:35 EDTAssociated Press - ALBUQUERQUE, N.M. — Sandia National Laboratories is making history with its new director. The country's largest national lab on Monday named Jill Hruby as its new president and director and she will become the first woman to lead a national security laboratory. She replaces Paul Hommert, who recently retired. The Ann Arbor native and Purdue University graduate most recently has served as a vice president overseeing Sandia's efforts in nuclear, biological and chemical security. She]]>Texas company acquires Service Brands franchises including Molly Maidhttp://www.crainsdetroit.com/article/20150615/NEWS/150619905/texas-company-acquires-service-brands-franchises-including-molly-maid
http://www.crainsdetroit.com/article/20150615/NEWS/150619905/texas-company-acquires-service-brands-franchises-including-molly-maidMon, 15 Jun 2015 11:00:13 EDTFirst public meeting today to learn more about Detroit-Holland passenger rail servicehttp://www.crainsdetroit.com/article/20150609/NEWS01/150609851/first-public-meeting-today-to-learn-more-about-detroit-holland
http://www.crainsdetroit.com/article/20150609/NEWS01/150609851/first-public-meeting-today-to-learn-more-about-detroit-hollandTue, 9 Jun 2015 03:01:00 EDTAnn Arbor councilman proposes village of tiny houseshttp://www.crainsdetroit.com/article/20150602/NEWS01/150609950/ann-arbor-councilman-proposes-village-of-tiny-houses
http://www.crainsdetroit.com/article/20150602/NEWS01/150609950/ann-arbor-councilman-proposes-village-of-tiny-housesTue, 2 Jun 2015 17:00:00 EDTAnn Arbor's first Tech Trek invites visitors to tour city's technology companies http://www.crainsdetroit.com/article/20150601/NEWS/150529789/ann-arbors-first-tech-trek-invites-visitors-to-tour-citys-technology
http://www.crainsdetroit.com/article/20150601/NEWS/150529789/ann-arbors-first-tech-trek-invites-visitors-to-tour-citys-technologyMon, 1 Jun 2015 11:00:00 EDTHow Harvard MBA grad was lured back home to Michiganhttp://www.crainsdetroit.com/article/20150527/BLOG007/305319996/how-harvard-mba-grad-was-lured-back-home-to-michigan
http://www.crainsdetroit.com/article/20150527/BLOG007/305319996/how-harvard-mba-grad-was-lured-back-home-to-michiganWed, 27 May 2015 20:00:00 EDT
Tom Henderson
- Kelly LaPierre is just the kind of young talent that Michigan lost for decades. The best and brightest would go to school here and, armed with a degree, head east, west or south to get jobs, find mates and raise families. And pay taxes. Well, I don't know how Kelly is doing on the mate and family fronts, but I know how she's doing on the job front, and it's fantastic. And it's here, in Ann Arbor. The Farmington Hills native got her bachelor's degree in psychology from the University of Michigan,]]>Denver-based Three Leaf Ventures leases office in Ann Arbor for VC armhttp://www.crainsdetroit.com/article/20150524/NEWS/305249980/denver-based-three-leaf-ventures-leases-office-in-ann-arbor-for-vc
http://www.crainsdetroit.com/article/20150524/NEWS/305249980/denver-based-three-leaf-ventures-leases-office-in-ann-arbor-for-vcSun, 24 May 2015 08:00:00 EDT
Tom Henderson
- The Broe Group, a family office in Denver with $5 billion under management and affiliated companies around North America, has leased an office in Ann Arbor for its venture capital operation and has begun looking at investments in early-stage health care companies here.The Broe Group and its affiliates employ more than 1,000 people and manage real estate throughout North America. One affiliate, OmniTrax Inc., is a provider of logistics services with railroad, port and terminal operations around]]>Famed Detroit jazz trumpeter Marcus Belgrave dies at 78 http://www.crainsdetroit.com/article/20150524/NEWS01/150529895/famed-detroit-jazz-trumpeter-marcus-belgrave-dies-at-78
http://www.crainsdetroit.com/article/20150524/NEWS01/150529895/famed-detroit-jazz-trumpeter-marcus-belgrave-dies-at-78Sun, 24 May 2015 14:31:26 EDTJeff Karoub
Associated Press - Marcus Belgrave, a jazz trumpeter who graced stages and studios with Ray Charles, Aretha Franklin, Dizzy Gillespie, Joe Cocker and Motown artists galore, has died. He was 78. Hazelette Crosby-Robinson, a cousin of Belgrave's wife Joan Belgrave, said the musician died Sunday at an Ann Arbor care facility. The cause of death was heart failure. Belgrave remained active on the Detroit and international jazz scenes up until his death. He started playing professionally at 12 and joined The Ray]]>UM regents approve design for $168 million sports complexhttp://www.crainsdetroit.com/article/20150522/NEWS01/150529933/um-regents-approve-design-for-168-million-sports-complex
http://www.crainsdetroit.com/article/20150522/NEWS01/150529933/um-regents-approve-design-for-168-million-sports-complexFri, 22 May 2015 06:00:00 EDTAssociated Press - The University of Michigan board of regents has approved a design for a $168 million Division I Olympic sports complex on the Ann Arbor campus. The board acted on the athletic department's schematic design for the 280,000-square-foot facility Thursday afternoon at a meeting in Dearborn. Funding will be provided entirely by athletic donor resources and gifts, including a $100 million gift from Stephen M. Ross, the university said. The Stephen M. Ross Athletics South Competition and Performance]]>Sports on the side: Adam Lowenstein boosts Ann Arbor restaurant portfolio, launches soccer teamhttp://www.crainsdetroit.com/article/20150515/NEWS/150519884/sports-on-the-side-adam-lowenstein-boosts-ann-arbor-restaurant
http://www.crainsdetroit.com/article/20150515/NEWS/150519884/sports-on-the-side-adam-lowenstein-boosts-ann-arbor-restaurantFri, 15 May 2015 12:40:47 EDTLaura Cassar - In the three years since Adam Lowenstein was featured in Crain's Twenty in their 20s Class of 2012, he has learned the difference between starting a business and making it better. After eight years of nonstop starts — opening Big Ten Burrito, Good Time Charley's, BTB Cantina, The Last Word and Live, all in Ann Arbor — Lowenstein has spent the past three years focused on improving his collection of restaurants and bars. "It's a lot easier to start a business than to]]>DTE plans big solar power project with Domino's Farms in Ann Arbor Townshiphttp://www.crainsdetroit.com/article/20150514/NEWS/150519909/dte-plans-big-solar-power-project-with-dominos-farms-in-ann-arbor
http://www.crainsdetroit.com/article/20150514/NEWS/150519909/dte-plans-big-solar-power-project-with-dominos-farms-in-ann-arborThu, 14 May 2015 13:00:00 EDTArbor Hospice to expand services in Washtenaw, Wayne countieshttp://www.crainsdetroit.com/article/20150513/NEWS/150519936/arbor-hospice-to-expand-services-in-washtenaw-wayne-counties
http://www.crainsdetroit.com/article/20150513/NEWS/150519936/arbor-hospice-to-expand-services-in-washtenaw-wayne-countiesWed, 13 May 2015 11:45:00 EDTTraverse City nonprofit is the engine pulling for passenger rail service from Ann Arborhttp://www.crainsdetroit.com/article/20150510/NEWS/305109985/traverse-city-nonprofit-is-the-engine-pulling-for-passenger-rail
http://www.crainsdetroit.com/article/20150510/NEWS/305109985/traverse-city-nonprofit-is-the-engine-pulling-for-passenger-railSun, 10 May 2015 08:00:00 EDTAmy Lane
Special to Crain's Michigan Business - It's an idea with appeal: Riding the rails north from Ann Arbor to Traverse City, maybe for a summer weekend — and no highway congestion to contend with, there or back. The Michigan Land Use Institute hopes to make that a reality.The Traverse City-based nonprofit is spearheading a campaign to explore passenger rail service on an approximately 240-mile stretch of track between the two cities — an "A2TC" initiative that's generated interest and discussion as well as about $18,700]]>Google to move from downtown Ann Arbor to create new campushttp://www.crainsdetroit.com/article/20150501/NEWS/150509979/google-to-move-from-downtown-ann-arbor-to-create-new-campus
http://www.crainsdetroit.com/article/20150501/NEWS/150509979/google-to-move-from-downtown-ann-arbor-to-create-new-campusFri, 1 May 2015 16:00:00 EDT
Kirk Pinho
- Google Inc. will move into about 140,000 square feet of space outside downtown Ann Arbor in the third or fourth quarter next year. The Internet giant confirmed Friday afternoon that it will occupy a 67,000-square-foot building in the Traverwood Business Park north of Plymouth Road and west of Huron Parkway and build an additional building on the campus. The existing building is owned by Ann Arbor-based developer First Martin Corp. Phone and text messages to company Vice President Mike Martin]]>Michigan skydiving operation tries another airport http://www.crainsdetroit.com/article/20150428/NEWS01/150429830/michigan-skydiving-operation-tries-another-airport
http://www.crainsdetroit.com/article/20150428/NEWS01/150429830/michigan-skydiving-operation-tries-another-airportTue, 28 Apr 2015 11:42:55 EDTMichigan Angel Fund raises second fund of $2.05 millionhttp://www.crainsdetroit.com/article/20150421/NEWS/150429966/michigan-angel-fund-raises-second-fund-of-2-05-million
http://www.crainsdetroit.com/article/20150421/NEWS/150429966/michigan-angel-fund-raises-second-fund-of-2-05-millionTue, 21 Apr 2015 13:30:00 EDT
Tom Henderson
- The Ann Arbor-based Michigan Angel Fund has closed on a second investment fund of $2.05 million, targeting early-stage investing in Michigan tech startups. Sixty-two accredited angel investors invested in the fund, which plans its first investment this spring and a total of eight to 10 within two years. The first fund, of $2.1 million, had 72 investors and invested in eight companies. There were 26 new investors in the second fund. “There’s no doubt that the Michigan Angel Fund]]>University of Michigan to build $160 million pathology facility on north research campushttp://www.crainsdetroit.com/article/20150417/NEWS/150419862/university-of-michigan-to-build-160-million-pathology-facility-on
http://www.crainsdetroit.com/article/20150417/NEWS/150419862/university-of-michigan-to-build-160-million-pathology-facility-onFri, 17 Apr 2015 11:45:00 EDT
Tom Henderson
- The board of regents at the University of Michigan on Thursday approved a $160 million project that will create a 139,000-square-foot home for most of the University of Michigan Health System’s clinical pathology activities and renovate another 47,000 square feet of existing space. Millions of tests are run at the health system each year on tissue, blood and other bodily fluids for patients of all ages. The results can reveal risks or signs of disease or if a patient is responding to]]>Southeast Michigan races Silicon Valley for tech as Snyder sees jobs convergencehttp://www.crainsdetroit.com/article/20150417/NEWS01/150419869/southeast-michigan-races-silicon-valley-for-tech-as-snyder-sees-jobs
http://www.crainsdetroit.com/article/20150417/NEWS01/150419869/southeast-michigan-races-silicon-valley-for-tech-as-snyder-sees-jobsFri, 17 Apr 2015 06:27:16 EDTChris Christoff
Bloomberg News
- Less than three miles from Gov. Rick Snyder’s Ann Arbor office, he can see Michigan’s pursuit of technological mastery. A 23-acre mock city will soon put driverless cars through the paces of urban hazards, complete with darting robot pedestrians and real snow. Carved into the University of Michigan campus and near the technology labs of the big automakers, the test course called M City is designed to compete with Silicon Valley’s drive for innovation. As Google Inc. works to]]>8 affirmative action protesters arrested at UM regents meetinghttp://www.crainsdetroit.com/article/20150417/NEWS01/150419873/8-affirmative-action-protesters-arrested-at-um-regents-meeting
http://www.crainsdetroit.com/article/20150417/NEWS01/150419873/8-affirmative-action-protesters-arrested-at-um-regents-meetingFri, 17 Apr 2015 05:59:12 EDTArborland flexes strength as power center, but retail trends may dictate futurehttp://www.crainsdetroit.com/article/20150412/NEWS/304129983/arborland-flexes-strength-as-power-center-but-retail-trends-may
http://www.crainsdetroit.com/article/20150412/NEWS/304129983/arborland-flexes-strength-as-power-center-but-retail-trends-maySun, 12 Apr 2015 08:00:00 EDT
Sherri Welch
- CORRECTION APPENDED Arborland Mall's shift to a discount format three decades ago would prove to be yet another steppingstone in its journey of adaptation to the changing retail market. Within a dozen years, Arborland — which opened as a strip center and enclosed a few years later — was "de-malled" and converted back into a strip center. Along the way, those strip centers carried different labels, from manufacturer's outlet mall to power center, depending on the mix of tenants. From ]]>Civionics gets regional lift as it aims to grow, sell productshttp://www.crainsdetroit.com/article/20150412/NEWS/304129991/civionics-gets-regional-lift-as-it-aims-to-grow-sell-products
http://www.crainsdetroit.com/article/20150412/NEWS/304129991/civionics-gets-regional-lift-as-it-aims-to-grow-sell-productsSun, 12 Apr 2015 08:00:00 EDT
Tom Henderson
- Can a village raise a tech startup? Ann Arbor-based Civionics LLC hopes so, as it tries to make the switch from being a company existing on government research grants for its wireless sensors to one that will make products to sell to customers. The company, spun off from the University of Michigan in 2009 to provide wireless sensors to monitor the health of civil engineering projects, is a poster child for the regional cooperation that has evolved in recent years to help promising tech startups ]]>Business leaders protest limits on H-1B visas for skilled workershttp://www.crainsdetroit.com/article/20150409/NEWS/150409834/business-leaders-protest-limits-on-h-1b-visas-for-skilled-workers
http://www.crainsdetroit.com/article/20150409/NEWS/150409834/business-leaders-protest-limits-on-h-1b-visas-for-skilled-workersThu, 9 Apr 2015 14:45:00 EDTWashington-based UIEvolution opens Ann Arbor officehttp://www.crainsdetroit.com/article/20150409/NEWS/150409847/washington-based-uievolution-opens-ann-arbor-office
http://www.crainsdetroit.com/article/20150409/NEWS/150409847/washington-based-uievolution-opens-ann-arbor-officeThu, 9 Apr 2015 12:00:00 EDTNatalie Broda - Connected device software company UIEvolution Inc. of Kirkland, Wash., has opened its first Michigan office in Ann Arbor, the company announced this month. The maker of apps and connecting software for the hotel, cruise and automotive industries added the location on State Street to service its automotive OEM and Tier 1 supplier costumers. The company signed a one-year lease for the new location, which houses Derek Rohloff, vice president of automotive worldwide content and North American sales,]]>RetroSense one of 3 finalists for top national angel investor awardhttp://www.crainsdetroit.com/article/20150408/NEWS/150409855/retrosense-one-of-3-finalists-for-top-national-angel-investor-award
http://www.crainsdetroit.com/article/20150408/NEWS/150409855/retrosense-one-of-3-finalists-for-top-national-angel-investor-awardWed, 8 Apr 2015 14:00:00 EDT
Tom Henderson
- Ann Arbor-based RetroSense Therapeutics LLC has been named as one of three finalists nationwide for the top award at next week’s annual convention of the Angel Capital Association in San Diego. The Luis Villalobos Award is named in honor of a former angel investor and goes to a startup that has proven its innovation and ingenuity. The winner will be announced next Wednesday. “There are a lot of angel investments made every year, and to be named as one of the top three is pretty]]>Arborlight raises funding round of $1.7 millionhttp://www.crainsdetroit.com/article/20150331/NEWS/150339973/arborlight-raises-funding-round-of-1-7-million
http://www.crainsdetroit.com/article/20150331/NEWS/150339973/arborlight-raises-funding-round-of-1-7-millionTue, 31 Mar 2015 14:45:00 EDT
Tom Henderson
- Ann Arbor-based Arborlight LLC, a University of Michigan spinoff company, has closed on a $1.7 million funding round to commercialize its LED-based indoor lighting system. The funding round was led by the Michigan Angel Fund and the Michigan Pre-Seed Capital Fund, and joined by a microloan from Ann Arbor Spark. Arborlight's lighting systems allow for what appears to be natural daylight indoors, with the intensity and color automatically changing as the sun moves across the sky. In 2013,]]>LevelEleven heads to Silicon Valley for Google Demo Dayhttp://www.crainsdetroit.com/article/20150330/BLOG007/150339993/leveleleven-heads-to-silicon-valley-for-google-demo-day
http://www.crainsdetroit.com/article/20150330/BLOG007/150339993/leveleleven-heads-to-silicon-valley-for-google-demo-dayMon, 30 Mar 2015 11:09:40 EDT
Tom Henderson
- Tom Henderson Detroit-based LevelEleven, a fast-growing portfolio company of Detroit Venture Partners, which makes sales-motivation software, is heading to Silicon Valley this week for the annual Google Demo Day. Demo Day, which will be held Thursday at Google’s headquarters in Mountain View, Calif., will host 12 up-and-coming tech companies from around the U.S., who will make five-minute pitches to a heavyweight audience of tech stars and investors and a judging panel that includes Steve ]]>Esperion CEO reflects on company's wild ridehttp://www.crainsdetroit.com/article/20150329/NEWS/303299992/esperion-ceo-reflects-on-companys-wild-ride
http://www.crainsdetroit.com/article/20150329/NEWS/303299992/esperion-ceo-reflects-on-companys-wild-rideSun, 29 Mar 2015 08:00:00 EDT
Tom Henderson
- It's been a fast couple of weeks for Ann Arbor-based Esperion Therapeutics Inc. (Nasdaq: ESPR), a pre-revenue drug company still at least three years away from possible approval by the U.S. Food and Drug Administration. On March 16, its stock began trading at $75.55, following a yearlong rise based on good trial results for its lead drug, ETC-1002, which has shown effectiveness at lowering low density lipoprotein, the so-called bad cholesterol. On March 17, Esperion released results of another]]>Cerenis Therapeutics has $59 million IPO in Francehttp://www.crainsdetroit.com/article/20150326/NEWS/150329887/cerenis-therapeutics-has-59-million-ipo-in-france
http://www.crainsdetroit.com/article/20150326/NEWS/150329887/cerenis-therapeutics-has-59-million-ipo-in-franceThu, 26 Mar 2015 10:58:57 EDT
Tom Henderson
- Cerenis Therapeutics Holding SA, a pharmaceutical company based in Labege, France, and founded in 2005 in Ann Arbor by former executives at Esperion Therapeutics Inc., went public on the Euronext Paris stock exchange Thursday in an initial public offering of 54.3 million Euros, about $59 million. The company is developing therapies to treat metabolic diseases. Its lead drug, CER-001, which is in Phase 2 human trials, boosts levels of high-density lipoprotein or HDL, the so-called good]]>Esperion raises $190 million in public offeringhttp://www.crainsdetroit.com/article/20150324/NEWS/150329918/esperion-raises-190-million-in-public-offering
http://www.crainsdetroit.com/article/20150324/NEWS/150329918/esperion-raises-190-million-in-public-offeringTue, 24 Mar 2015 17:21:45 EDT
Tom Henderson
- Ann Arbor-based Esperion Therapeutics Inc. (Nasdaq: ESPR), the public company enjoying a meteoric jump in its stock price, announced after the close of markets Tuesday that it has completed a secondary public offering of stock at $100 a share, raising net proceeds of $189.9 million. It had announced last week that it would have an offering of about $150 million but didn’t specify a timing. The stock went on a rocket ride last week after the company released good results from ongoing human ]]>Zingerman's founders, Dingell among 7 to receive UM honorary degreeshttp://www.crainsdetroit.com/article/20150320/NEWS01/150329998/zingermans-founders-dingell-among-7-to-receive-um-honorary-degrees
http://www.crainsdetroit.com/article/20150320/NEWS01/150329998/zingermans-founders-dingell-among-7-to-receive-um-honorary-degreesFri, 20 Mar 2015 05:38:43 EDTAssociated Press - The co-owners and founding partners of Ann Arbor-based Zingerman's Community of Businesses will speak at the University of Michigan's commencement ceremony this spring. Paul Saginaw and Ari Weinzweig will deliver the commencement address May 2 at Michigan Stadium. Each of them will receive honorary Doctor of Laws degrees. Honorary degrees for seven recipients with ties to the area or university, including Saginaw and Weinzweig, were approved Thursday by the Board of Regents. Former U.S. Rep.]]>Sphinx founder Aaron Dworkin to leave for new role at UMhttp://www.crainsdetroit.com/article/20150319/BLOG009/150319802/sphinx-founder-aaron-dworkin-to-leave-for-new-role-at-um
http://www.crainsdetroit.com/article/20150319/BLOG009/150319802/sphinx-founder-aaron-dworkin-to-leave-for-new-role-at-umThu, 19 Mar 2015 17:00:00 EDT
Sherri Welch
- Aaron Dworkin plans to leave Detroit-based Sphinx Organization, an organization he founded 19 years ago, to take on a new role at the University of Michigan. Dworkin, 44, will join the university July 20 as dean of the UM School of Music, Theatre & Dance under a five-year contract. He will also receive a tenured professorship as the Paul Boylan Collegiate Professor of Music. Dworkin will leave Sphinx, an organization he founded as an undergrad at UM to provide music education and]]>Esperion plans $150 million stock offering, stock soars on news of cholesterol drug trialhttp://www.crainsdetroit.com/article/20150318/NEWS/150319817/esperion-plans-150-million-stock-offering-stock-soars-on-news-of
http://www.crainsdetroit.com/article/20150318/NEWS/150319817/esperion-plans-150-million-stock-offering-stock-soars-on-news-ofWed, 18 Mar 2015 17:29:17 EDT
Tom Henderson
- Following the release of positive results from human trials of its cholesterol drug this week, which sent its stock price rocketing in two days, Ann Arbor-based Esperion Therapeutics Inc. (Nasdaq: ESPR) has announced it intends a public offering of $150 million. Shares in the company opened Tuesday at $75.55 and closed on the good news at $99.60. They hit a high of $109.85 Wednesday before falling back to a close of $105.72. Impetus was added Wednesday when Bank of America Merrill Lynch]]>Esperion drug shows promise in cutting cholesterol levelshttp://www.crainsdetroit.com/article/20150317/NEWS01/150319851/esperion-drug-shows-promise-in-cutting-cholesterol-levels
http://www.crainsdetroit.com/article/20150317/NEWS01/150319851/esperion-drug-shows-promise-in-cutting-cholesterol-levelsTue, 17 Mar 2015 14:08:22 EDTUM fraternity votes to disband chapter for vandalism at resortshttp://www.crainsdetroit.com/article/20150317/NEWS01/150319845/um-fraternity-votes-to-disband-chapter-for-vandalism-at-resorts
http://www.crainsdetroit.com/article/20150317/NEWS01/150319845/um-fraternity-votes-to-disband-chapter-for-vandalism-at-resortsTue, 17 Mar 2015 19:55:08 EDTAnn Arbor-based Accio Energy to compete in Midwest Clean Energy Challengehttp://www.crainsdetroit.com/article/20150304/NEWS/150309928/ann-arbor-based-accio-energy-to-compete-in-midwest-clean-energy
http://www.crainsdetroit.com/article/20150304/NEWS/150309928/ann-arbor-based-accio-energy-to-compete-in-midwest-clean-energyWed, 4 Mar 2015 13:45:00 EDTTom Henderson - Ann Arbor-based Accio Energy Inc. is one of 14 clean-tech companies in the Midwest that will vie for a total of $1 million at the Clean Energy Challenge in Chicago on April 14. Accio is one of nine companies that will be pitching to win the Wells Fargo prize of $100,000 for being the best early-stage company based in the Midwest. It is also up for $20,000 for the best company led by a woman. Its CEO is Jennifer Baird, who was CEO at Ann Arbor-based Accuri Cytometers Inc., one of the most]]>Ann Arbor adds property to city's greenbelt areahttp://www.crainsdetroit.com/article/20150304/NEWS01/150309947/ann-arbor-adds-property-to-citys-greenbelt-area
http://www.crainsdetroit.com/article/20150304/NEWS01/150309947/ann-arbor-adds-property-to-citys-greenbelt-areaWed, 4 Mar 2015 05:00:00 EDTReport gives mixed grades to charter school authorizershttp://www.crainsdetroit.com/article/20150222/NEWS/302229987/report-gives-mixed-grades-to-charter-school-authorizers
http://www.crainsdetroit.com/article/20150222/NEWS/302229987/report-gives-mixed-grades-to-charter-school-authorizersSun, 22 Feb 2015 08:00:00 EDTInvestors see downtown Ann Arbor as hub for tech startupshttp://www.crainsdetroit.com/article/20150222/NEWS/302229974/investors-see-downtown-ann-arbor-as-hub-for-tech-startups
http://www.crainsdetroit.com/article/20150222/NEWS/302229974/investors-see-downtown-ann-arbor-as-hub-for-tech-startupsSun, 22 Feb 2015 08:00:00 EDTTom Henderson - Using the Madison Building in downtown Detroit as the model, a group of former Barracuda Networks Inc. executives wants to create a large hub for tech startups in downtown Ann Arbor.They have signed a purchase agreement to buy two adjacent office buildings downtown and are negotiating to buy one or two more buildings. They hope to close on the first deal in about a month and have a build-out done in six months. Pending the closing on the real estate sales, they declined to specify the specific]]>Group offers grants for Great Lakes cleanup applicants http://www.crainsdetroit.com/article/20150218/NEWS01/150219843/group-offers-grants-for-great-lakes-cleanup-applicants
http://www.crainsdetroit.com/article/20150218/NEWS01/150219843/group-offers-grants-for-great-lakes-cleanup-applicantsWed, 18 Feb 2015 06:21:41 EDTRuth's Chris to open downtown Ann Arbor locationhttp://www.crainsdetroit.com/article/20150217/NEWS/150219856/ruths-chris-to-open-downtown-ann-arbor-location
http://www.crainsdetroit.com/article/20150217/NEWS/150219856/ruths-chris-to-open-downtown-ann-arbor-locationTue, 17 Feb 2015 14:37:44 EDTUM board to consider demolition of former Edwards Bros. Malloy building for $168M sports complexhttp://www.crainsdetroit.com/article/20150217/NEWS01/150219860/um-board-to-consider-demolition-of-former-edwards-bros-malloy
http://www.crainsdetroit.com/article/20150217/NEWS01/150219860/um-board-to-consider-demolition-of-former-edwards-bros-malloyTue, 17 Feb 2015 12:15:29 EDTEditorial cartoon: Solar farms and snow stormshttp://www.crainsdetroit.com/article/20150208/NEWS/150209795/editorial-cartoon-solar-farms-and-snow-storms
http://www.crainsdetroit.com/article/20150208/NEWS/150209795/editorial-cartoon-solar-farms-and-snow-stormsSun, 8 Feb 2015 08:00:00 EDTDaniel Saad - ]]>Gov. Snyder and wife to move to condo in downtown Ann Arborhttp://www.crainsdetroit.com/article/20150205/NEWS01/150209889/gov-snyder-and-wife-to-move-to-condo-in-downtown-ann-arbor
http://www.crainsdetroit.com/article/20150205/NEWS01/150209889/gov-snyder-and-wife-to-move-to-condo-in-downtown-ann-arborThu, 5 Feb 2015 05:00:13 EDTAssociated Press - Gov. Rick Snyder and his wife, Sue, are planning to move to a condominium in downtown Ann Arbor as early as this summer. The Ann Arbor News reports that the couple bought a 4,600-square-foot condo in a historic building on Main Street. It sold for $1.5 million in August and the city planning commission this week approved a $500,000 rooftop addition. Snyder spokeswoman Sara Wurfel told the Detroit Free Press that the Snyders are "empty nesters" since their youngest child went away to college and ]]>Huron River Water Trail gets national designationhttp://www.crainsdetroit.com/article/20150125/NEWS01/150129871/huron-river-water-trail-gets-national-designation
http://www.crainsdetroit.com/article/20150125/NEWS01/150129871/huron-river-water-trail-gets-national-designationSun, 25 Jan 2015 07:55:26 EDTSmoking ban takes effect Feb. 1 for many Ann Arbor parks http://www.crainsdetroit.com/article/20150123/NEWS01/150129906/smoking-ban-takes-effect-feb-1-for-many-ann-arbor-parks
http://www.crainsdetroit.com/article/20150123/NEWS01/150129906/smoking-ban-takes-effect-feb-1-for-many-ann-arbor-parksFri, 23 Jan 2015 12:44:16 EDT$20M gift to start leadership center at UMhttp://www.crainsdetroit.com/article/20150115/NEWS01/150119921/-20m-gift-to-start-leadership-center-at-um
http://www.crainsdetroit.com/article/20150115/NEWS01/150119921/-20m-gift-to-start-leadership-center-at-umThu, 15 Jan 2015 06:06:40 EDTPlum Market's second Ann Arbor store to open in fallhttp://www.crainsdetroit.com/article/20150106/NEWS/150109939/plum-markets-second-ann-arbor-store-to-open-in-fall
http://www.crainsdetroit.com/article/20150106/NEWS/150109939/plum-markets-second-ann-arbor-store-to-open-in-fallTue, 6 Jan 2015 12:33:43 EDTKirk Pinho - A 19,000-square-foot building formerly owned by Cleary University will be the site of the second Plum Market grocery store in Ann Arbor. The store, at 3601 Plymouth Road, is expected to be 25,500 square feet after a 6,500-square-foot addition and employ 125 full- and part-time workers. Matt Jonna, president of the Farmington Hills-based natural and organic food grocer, said the store is expected to open in the fall. It is also expected to include an outdoor café and a Zingerman’s]]>Glacier Hills to expand home care after United Methodist acquires 50%http://www.crainsdetroit.com/article/20150105/NEWS/301049980/glacier-hills-to-expand-home-care-after-united-methodist-acquires-50
http://www.crainsdetroit.com/article/20150105/NEWS/301049980/glacier-hills-to-expand-home-care-after-united-methodist-acquires-50Mon, 5 Jan 2015 05:00:00 EDTSherri Welch - United Methodist Retirement Communities has taken a 50 percent stake in Glacier Hills Home Care Inc., giving it entry into home health care.The $1.3 million deal, which took effect Thursday, gives Glacier Hills Senior Living Community's home health care subsidiary in Ann Arbor the ability to expand outside Washtenaw County. Caring Partners Home Health Inc., the name of the joint company, plans to market to United Methodist's clients and also leverage its long-standing brand in the market, said]]>Bank of Ann Arbor billboards celebrate Harbaugh's return to UMhttp://www.crainsdetroit.com/article/20150104/NEWS/150109983/bank-of-ann-arbor-billboards-celebrate-harbaughs-return-to-um
http://www.crainsdetroit.com/article/20150104/NEWS/150109983/bank-of-ann-arbor-billboards-celebrate-harbaughs-return-to-umSun, 4 Jan 2015 08:00:00 EDTCrain's Detroit Business - For the next couple of weeks, it will be difficult to escape the joy surrounding Harbaugh's return. That's in part because the Bank of Ann Arbor has paid to erect bright yellow Harbaugh-related messages on six billboards around town."It's who we are, it's our community, it's what we can do in understanding important events in the community and reacting accordingly," said bank President and CEO Tim Marshall.Among the messages are "Welcome back, Jim-Bo" and "Those who return will be champions."]]>App lets Mott Children's Hospital patients take prehistoric virtual journeyhttp://www.crainsdetroit.com/article/20141222/NEWS01/141229981/app-lets-mott-childrens-hospital-patients-take-prehistoric-virtual
http://www.crainsdetroit.com/article/20141222/NEWS01/141229981/app-lets-mott-childrens-hospital-patients-take-prehistoric-virtualMon, 22 Dec 2014 11:32:07 EDTAssociated Press - An app featuring a bronze fossil floor at the main entrance of C.S. Mott Children's Hospital in Ann Arbor allows patients to take virtual prehistoric journey. The free iPad app Foozel was launched last month under a partnership between the University of Michigan Health System and the University of Michigan Credit Union. In the app, the fossil floor breaks and transforms into a starry sky. It leads the user through games to track down fossils and repair the floor. There's also a coloring book]]>Marschall Runge named chief of University of Michigan Health Systemhttp://www.crainsdetroit.com/article/20141219/NEWS/141219823/marschall-runge-named-chief-of-university-of-michigan-health-system
http://www.crainsdetroit.com/article/20141219/NEWS/141219823/marschall-runge-named-chief-of-university-of-michigan-health-systemFri, 19 Dec 2014 12:05:38 EDTJay Greene - As expected, the board of regents at the University of Michigan approved Marschall Runge, M.D., to be the next executive vice president of medical affairs for the University of Michigan Health System. Runge, 60, who was executive dean at the University of North Carolina School of Medicine, succeeds Ora Pescovitz, M.D., who left UM in June for a job at Eli Lilly in Indianapolis. He starts March 1. As executive vice president, Runge is in charge of the UM Health System that includes the 990-bed]]>Toyota to invest $126M to expand Michigan powertrain operationshttp://www.crainsdetroit.com/article/20141218/NEWS/141219842/toyota-to-invest-126m-to-expand-michigan-powertrain-operations
http://www.crainsdetroit.com/article/20141218/NEWS/141219842/toyota-to-invest-126m-to-expand-michigan-powertrain-operationsThu, 18 Dec 2014 11:21:31 EDTAmplifinity grows despite CEO's sudden health strugglehttp://www.crainsdetroit.com/article/20141214/NEWS/312149984/amplifinity-grows-despite-ceos-sudden-health-struggle
http://www.crainsdetroit.com/article/20141214/NEWS/312149984/amplifinity-grows-despite-ceos-sudden-health-struggleSun, 14 Dec 2014 08:00:00 EDTTom Henderson - There has been a lot of good news this year for Ann Arbor-based Amplifinity Inc., which uses social media websites to help companies such as DirectTV, Sirius XM and ADP grow their businesses through customer and employee referrals.In March, the company got its second round of venture capital funding, $2.7 million. It has continued to grow its client base and expand sales and marketing, and even hired a chief marketing officer recruited from Compuware Corp.And as December rolled around, the]]>Search firm exec who helped UM find Hoke will lead search for his replacement http://www.crainsdetroit.com/article/20141212/NEWS/141219947/search-firm-exec-who-helped-um-find-hoke-will-lead-search-for-his
http://www.crainsdetroit.com/article/20141212/NEWS/141219947/search-firm-exec-who-helped-um-find-hoke-will-lead-search-for-hisFri, 12 Dec 2014 12:33:00 EDTBill Shea - The University of Michigan said today it has retained Los Angeles-based Korn/Ferry International as a headhunter for a new football coach. The executive search firm has a sports division dedicated to finding executives for college athletic departments and professional teams. That practice is led by Jed Hughes, who was involved in Michigan’s 2011 hiring of football coach Brady Hoke, who was fired Dec. 2, and the 2010 hiring of athletic director David Brandon, who resigned Oct. 31. Hughes]]>Michigan universities capitalize on growth of state venture capital industryhttp://www.crainsdetroit.com/article/20141207/NEWS/312079992/michigan-universities-capitalize-on-growth-of-state-venture-capital
http://www.crainsdetroit.com/article/20141207/NEWS/312079992/michigan-universities-capitalize-on-growth-of-state-venture-capitalSun, 7 Dec 2014 08:00:00 EDTTom Henderson - When EDF Ventures launched in Ann Arbor in 1987 to invest in university-based technologies, the University of Michigan had one person working part time on technology transfer.And at the time, the only other local venture capitalist in Southeast Michigan was Ian Bund. "We were considered an oddity," said EDF co-founder Mary Campbell. " 'You're going to fund a professor? Why would you do that?' " Today, the tech transfer office at UM employs 28 and has a variety of entrepreneurial support]]>North Carolina medical school dean recommended to lead UM Health Systemhttp://www.crainsdetroit.com/article/20141124/NEWS/141129935/north-carolina-medical-school-dean-recommended-to-lead-um-health
http://www.crainsdetroit.com/article/20141124/NEWS/141129935/north-carolina-medical-school-dean-recommended-to-lead-um-healthMon, 24 Nov 2014 15:18:35 EDTJay Greene - University of Michigan President Mark Schlissel said today he will recommend the hiring of Marschall Runge, M.D., as executive vice president for medical affairs of the University of Michigan Health System. Runge, who would take over March 1 if approved in December by the UM board of regents, is the executive dean at the University of North Carolina medical school, where he has been a faculty member since 2000. He also is chair of the department of medicine. “Dr. Runge has significant]]>St. Joseph Mercy Health to acquire Ann Arbor physical therapy companyhttp://www.crainsdetroit.com/article/20141124/NEWS/141129938/st-joseph-mercy-health-to-acquire-ann-arbor-physical-therapy-company
http://www.crainsdetroit.com/article/20141124/NEWS/141129938/st-joseph-mercy-health-to-acquire-ann-arbor-physical-therapy-companyMon, 24 Nov 2014 14:24:50 EDTUM regents approve Hackett as interim athletic directorhttp://www.crainsdetroit.com/article/20141121/NEWS01/141129972/um-regents-approve-hackett-as-interim-athletic-director
http://www.crainsdetroit.com/article/20141121/NEWS01/141129972/um-regents-approve-hackett-as-interim-athletic-directorFri, 21 Nov 2014 07:25:35 EDTAssociated Press - The University of Michigan's Board of Regents has approved an interim athletic director appointment and a $5.8 million upgrade to a hockey arena. The board signed off Thursday on Jim Hackett's appointment and the renovations to Yost Ice Arena's rink floor and refrigeration system. Construction on the arena is expected to be completed by next summer. Thursday's meeting moved from the Michigan Union to an administrative building after a group of protesters interrupted to voice concerns over]]>UM football ticket prices slump on resale markethttp://www.crainsdetroit.com/article/20141119/NEWS/141119753/um-football-ticket-prices-slump-on-resale-market
http://www.crainsdetroit.com/article/20141119/NEWS/141119753/um-football-ticket-prices-slump-on-resale-marketWed, 19 Nov 2014 11:43:45 EDTBill Shea - The University of Michigan’s troubled football season has been keenly felt on the ticket resale market. Tickets on the secondary market for Saturday’s final home game against the University of Maryland are averaging $41, a nearly 40 percent slide from the previous lowest average this season ($66.69 for Miami University on Sept. 13), according to data provided by New York City-based TiqIQ, which aggregates tickets being resold by StubHub, TicketNetwork, TicketsNow, eBay and hundreds]]>Stryker to pay more than $1B for recalled hip deviceshttp://www.crainsdetroit.com/article/20141109/NEWS/311099982/stryker-to-pay-more-than-1b-for-recalled-hip-devices
http://www.crainsdetroit.com/article/20141109/NEWS/311099982/stryker-to-pay-more-than-1b-for-recalled-hip-devicesSun, 9 Nov 2014 08:00:00 EDTTexas VC firm opens branch in Ann Arborhttp://www.crainsdetroit.com/article/20141109/NEWS/311099978/texas-vc-firm-opens-branch-in-ann-arbor
http://www.crainsdetroit.com/article/20141109/NEWS/311099978/texas-vc-firm-opens-branch-in-ann-arborSun, 9 Nov 2014 08:00:00 EDTTom Henderson - A Houston-based venture capital firm that has raised more than $100 million for its newest fund is to announce Monday that it has opened an office in Ann Arbor and recruited Adrian Fortino, formerly a vice president at Invest Detroit, to run it.Blair Garrou, a partner and co-founder of Mercury Fund, said that his firm has big plans for the Michigan office. He said that not only will the new fund invest in local early-stage high-tech companies, but it plans to move here other Midwest companies]]>Ann Arbor drone maker SkySpecs wins $500,000 top Accelerate Michigan prizehttp://www.crainsdetroit.com/article/20141107/NEWS/141109890/ann-arbor-drone-maker-skyspecs-wins-500000-top-accelerate-michigan
http://www.crainsdetroit.com/article/20141107/NEWS/141109890/ann-arbor-drone-maker-skyspecs-wins-500000-top-accelerate-michiganFri, 7 Nov 2014 11:37:52 EDTTom Henderson - SkySpecs LLC, an Ann Arbor-based maker of drone aircraft to inspect bridges, wind turbines, buildings and other infrastructure, won the grand prize of $500,000 Thursday night at the fifth annual Accelerate Michigan Innovation event at Orchestra Hall in Detroit. It was the third year the company has competed at the three-day event. Launched in 2012 by a team of engineering students at the University of Michigan, SkySpecs finished third in the student category that year and was a semifinalist]]>Update: David Brandon resigns as UM athletic directorhttp://www.crainsdetroit.com/article/20141031/NEWS/141039946/update-david-brandon-resigns-as-um-athletic-director
http://www.crainsdetroit.com/article/20141031/NEWS/141039946/update-david-brandon-resigns-as-um-athletic-directorFri, 31 Oct 2014 12:11:39 EDTBill Shea - The University of Michigan has announced the resignation of Athletic Director David Brandon. UM President Mark Schlissel made the announcement to the media at the Fleming Administration Building during a 1:30 p.m. news conference. “Dave feels that it would be in the best interest of our student-athletes, the athletic department and the university community if he moved on to other challenges and allowed the important work of the department and the university to continue without daily]]>UM interim AD Jim Hackett has business, football backgroundhttp://www.crainsdetroit.com/article/20141031/NEWS/141039934/um-interim-ad-jim-hackett-has-business-football-background
http://www.crainsdetroit.com/article/20141031/NEWS/141039934/um-interim-ad-jim-hackett-has-business-football-backgroundFri, 31 Oct 2014 14:30:17 EDTBill Shea - Jim Hackett, former longtime CEO of Grand Rapids-based furniture giant Steelcase Inc., will serve as the University of Michigan’s interim athletic director after David Brandon resigned today, UM President Mark Schlissel said. Schlissel addressed media today, at a new conference that also was streamed live online, to announce Brandon’s departure after months of criticism stemming from the football program’s poor performance and a series of public relations and marketing miscues.]]>UM reports undergraduate enrollment is up http://www.crainsdetroit.com/article/20141020/NEWS01/141029995/um-reports-undergraduate-enrollment-is-up
http://www.crainsdetroit.com/article/20141020/NEWS01/141029995/um-reports-undergraduate-enrollment-is-upMon, 20 Oct 2014 11:46:53 EDTUM moves forward on battery lab, other planshttp://www.crainsdetroit.com/article/20141017/NEWS01/141019875/um-moves-forward-on-battery-lab-other-plans
http://www.crainsdetroit.com/article/20141017/NEWS01/141019875/um-moves-forward-on-battery-lab-other-plansFri, 17 Oct 2014 07:01:51 EDTUM professors get $1.5M for addiction study http://www.crainsdetroit.com/article/20141013/NEWS01/141019963/um-professors-get-1-5m-for-addiction-study
http://www.crainsdetroit.com/article/20141013/NEWS01/141019963/um-professors-get-1-5m-for-addiction-studyMon, 13 Oct 2014 11:50:43 EDTA heart for software: Led by its upbeat CEO, Menlo spreads joy of technologyhttp://www.crainsdetroit.com/article/20141012/NEWS/310129963/a-heart-for-software-led-by-its-upbeat-ceo-menlo-spreads-joy-of
http://www.crainsdetroit.com/article/20141012/NEWS/310129963/a-heart-for-software-led-by-its-upbeat-ceo-menlo-spreads-joy-ofSun, 12 Oct 2014 08:00:00 EDTTom Henderson - Rich Sheridan was fed up with lousy software and bad corporate management when he co-founded Ann Arbor-based Menlo Innovations LLC in 2001 with the mission statement: "To end human suffering in the world as it relates to technology."Along the way, CEO Sheridan has become perhaps the most prominent face of IT in Ann Arbor. He's a community activist who has served on a range of boards. He's a frequent event speaker noted for his upbeat messages. One of Menlo's co-founders, James Goebel, describes ]]>Inside Menlo Innovations' HQ: Kids, dogs, tours ... and paper everywherehttp://www.crainsdetroit.com/article/20141012/NEWS/310129978/inside-menlo-innovations-hq-kids-dogs-tours-and-paper-everywhere
http://www.crainsdetroit.com/article/20141012/NEWS/310129978/inside-menlo-innovations-hq-kids-dogs-tours-and-paper-everywhereSun, 12 Oct 2014 08:00:00 EDTTom Henderson - Menlo Innovations LLC markets itself through tours of its Ann Arbor headquarters, a big open space in the basement of a parking structure on East Liberty Street, a cheerful work area despite a lack of windows — and despite its size, 17,000 square feet, which tripled Menlo's space when the company moved there two years ago.Menlo assigns pairs of programmers to work on a particular project, or a project component, and they share one computer. Teams are broken up every five days to keep]]>From Chelsea machine shop to Nobel Prizehttp://www.crainsdetroit.com/article/20141012/NEWS/141019971/from-chelsea-machine-shop-to-nobel-prize
http://www.crainsdetroit.com/article/20141012/NEWS/141019971/from-chelsea-machine-shop-to-nobel-prizeSun, 12 Oct 2014 08:00:00 EDTAnn Arbor native Eric Betzig was one of three scientists recognized last week with the Nobel Prize in Chemistry for devising ways for microscopes to look into the molecular hearts of living cells.Betzig, 54, now a researcher in Ashburn, Va., for the Howard Hughes Medical Institute, came up with the idea that helped win him the prize while he was unemployed in 1995, Bloomberg reported.He had left his job at AT&T Bell Laboratories the year before, in part because of his frustration with]]>Q&A with Jennifer Baird, Accio Energy Inc., Sonetics Ultrasound Inc.: Tips from valuation experiencehttp://www.crainsdetroit.com/article/20141012/NEWS/310129996/qa-with-jennifer-baird-accio-energy-inc-sonetics-ultrasound-inc-tips
http://www.crainsdetroit.com/article/20141012/NEWS/310129996/qa-with-jennifer-baird-accio-energy-inc-sonetics-ultrasound-inc-tipsSun, 12 Oct 2014 08:00:00 EDTGary Anglebrandt - Jennifer Baird played a central role in one of the most lauded successes to come out of Michigan's venture capital and startup communities, the 2011 sale of Ann Arbor-based Accuri Cytometers Inc. to medical technology giant Becton Dickinson and Co. for $205 million.As CEO, Baird led Accuri, a maker of a medical device used to analyze cells, through many valuations. She's also been through the process for two other startups she leads, Accio Energy Inc. and Sonetics Ultrasound Inc., both based in ]]>Where does Slurping Turtle chef Takashi Yagihashi eat when he's in town?http://www.crainsdetroit.com/article/20141010/NEWS/141019987/where-does-slurping-turtle-chef-takashi-yagihashi-eat-when-hes-in
http://www.crainsdetroit.com/article/20141010/NEWS/141019987/where-does-slurping-turtle-chef-takashi-yagihashi-eat-when-hes-inFri, 10 Oct 2014 15:35:32 EDTCrain's Detroit Business - Award-winning chef Takashi Yagihashi is too focused on perfecting the food and service at his 6-month-old Slurping Turtle in Ann Arbor to think about opening another restaurant in metro Detroit. But the former executive chef of Tribute in Farmington Hills had some words of advice for Detroit-area restaurateurs during a visit to his Ann Arbor noodle restaurant Friday morning. Those words, in summary: If you want to compete in the metro Detroit restaurant scene, you have to be passionate about it.]]>WMU Cooley law school to close Ann Arbor campus http://www.crainsdetroit.com/article/20141009/NEWS01/141009786/wmu-cooley-law-school-to-close-ann-arbor-campus
http://www.crainsdetroit.com/article/20141009/NEWS01/141009786/wmu-cooley-law-school-to-close-ann-arbor-campusThu, 9 Oct 2014 14:07:07 EDTFor Ann Arbor native Nobel Prize winner, quitting let best ideas prosperhttp://www.crainsdetroit.com/article/20141009/NEWS01/141009800/for-ann-arbor-native-nobel-prize-winner-quitting-let-best-ideas
http://www.crainsdetroit.com/article/20141009/NEWS01/141009800/for-ann-arbor-native-nobel-prize-winner-quitting-let-best-ideasThu, 9 Oct 2014 05:56:38 EDTBloomberg News - Want to win a Nobel Prize? Quit your day job. That worked for Ann Arbor native Eric Betzig, at least, who is part of a trio of scientists recognized Wednesday with the Nobel in chemistry for devising ways for microscopes to look into the molecular hearts of living cells. Betzig, 54, now a researcher in Ashburn, Va., for the Howard Hughes Medical Institute, came up with the idea that helped win him the prize while he was unemployed in 1995. He had left his job at AT&T Bell Laboratories the]]>Young entrepreneurs value advisers to help ensure success of TurtleCell http://www.crainsdetroit.com/article/20141009/BLOG106/141009795/young-entrepreneurs-value-advisers-to-help-ensure-success-of
http://www.crainsdetroit.com/article/20141009/BLOG106/141009795/young-entrepreneurs-value-advisers-to-help-ensure-success-ofThu, 9 Oct 2014 11:15:29 EDTMark S. Lee - There are many entrepreneurs who have decided to start a business immediately after graduating from college or after working a couple of years in the corporate world to fulfill their lifelong dream of entrepreneurship —at a young age. Ann Arbor-based TurtleCell LLC, a mobile accessories company focused on the integration of retractable headphones and other innovative utility features in protective cases, is a great example of three entrepreneurs, all under 25, coming together to develop a ]]>UM gets $25M grant to back project to improve reproductive health in Africahttp://www.crainsdetroit.com/article/20141008/NEWS01/141009814/um-gets-25m-grant-to-back-project-to-improve-reproductive-health-in
http://www.crainsdetroit.com/article/20141008/NEWS01/141009814/um-gets-25m-grant-to-back-project-to-improve-reproductive-health-inWed, 8 Oct 2014 10:26:40 EDTAnn Arbor native wins Nobel Prize in chemistryhttp://www.crainsdetroit.com/article/20141008/NEWS01/141009813/ann-arbor-native-wins-nobel-prize-in-chemistry
http://www.crainsdetroit.com/article/20141008/NEWS01/141009813/ann-arbor-native-wins-nobel-prize-in-chemistryWed, 8 Oct 2014 11:06:57 EDTAssociated Press - One of three winners of the Nobel Prize in chemistry announced today is originally from Michigan. Eric Betzig's biography says he was born in Ann Arbor. He previously worked in Michigan, including for his father's Ann Arbor Machine Co. in Chelsea. The 54-year-old and two other scientists won the honor for finding ways to make microscopes more powerful than previously thought possible. Betzig works at the Howard Hughes Medical Institute in Ashburn, Va. In a statement, he said: "We can at least]]>UM student-led VC funds taking applications for biz plan investmentshttp://www.crainsdetroit.com/article/20141002/NEWS/141009944/um-student-led-vc-funds-taking-applications-for-biz-plan-investments
http://www.crainsdetroit.com/article/20141002/NEWS/141009944/um-student-led-vc-funds-taking-applications-for-biz-plan-investmentsThu, 2 Oct 2014 10:19:05 EDTStratos smart-card company raises $5.8M to fund growthhttp://www.crainsdetroit.com/article/20141002/NEWS/141009936/stratos-smart-card-company-raises-5-8m-to-fund-growth
http://www.crainsdetroit.com/article/20141002/NEWS/141009936/stratos-smart-card-company-raises-5-8m-to-fund-growthThu, 2 Oct 2014 14:42:28 EDTDuo Security VC round caps seasonhttp://www.crainsdetroit.com/article/20140928/NEWS/309289969/duo-security-vc-round-caps-season
http://www.crainsdetroit.com/article/20140928/NEWS/309289969/duo-security-vc-round-caps-seasonSun, 28 Sep 2014 08:00:00 EDTIt was a good summer for Dug Song, CEO and co-founder of Duo Security Inc., an Ann Arbor-based, fast-growing provider of highly secure, cloud-based authentication services for companies. On June 21, the Ann Arbor Skatepark, a 30,000-square-foot park free to all skating enthusiasts, opened in Veterans Memorial Park in Ann Arbor. For years, Song, a member of the 2012 class of Crain's "40 under 40," had been one of the main organizers behind getting park space set aside for his fellow hobbyists.]]>Off-campus housing matchmaker Cribspot raises $660,000 roundhttp://www.crainsdetroit.com/article/20140921/NEWS/309219987/off-campus-housing-matchmaker-cribspot-raises-660000-round
http://www.crainsdetroit.com/article/20140921/NEWS/309219987/off-campus-housing-matchmaker-cribspot-raises-660000-roundSun, 21 Sep 2014 08:00:00 EDTTom Henderson - Cribspot.com, a startup that helps college students find places to live while helping mom-and-pop owners manage their properties, will announce Monday that it has finished raising a seed round of $660,000, led by Ann Arbor-based Huron River Ventures and joined by the Detroit-based First Step Fund.Cribspot had been targeting a round of $500,000. Founded by three University of Michigan students in 2013 — CEO Jason Okrasinski, Chief Technology Officer Tim Jones and lead software developer]]>UM regents to consider $168M athletics project http://www.crainsdetroit.com/article/20140916/NEWS/140919731/um-regents-to-consider-168m-athletics-project
http://www.crainsdetroit.com/article/20140916/NEWS/140919731/um-regents-to-consider-168m-athletics-projectTue, 16 Sep 2014 12:54:03 EDTAnn Arbor Area Community Foundation names Neel Hajra CEOhttp://www.crainsdetroit.com/article/20140909/NEWS/140909849/ann-arbor-area-community-foundation-names-neel-hajra-ceo
http://www.crainsdetroit.com/article/20140909/NEWS/140909849/ann-arbor-area-community-foundation-names-neel-hajra-ceoTue, 9 Sep 2014 13:14:57 EDTSherri Welch - After a five-month national search, the Ann Arbor Area Community Foundation has promoted COO and Vice President Neel Hajra to president and CEO, effective Jan. 1. Hajra, 42, will succeed President and CEO Cheryl Elliott, 63, who is retiring at year’s end. Hajra joined the foundation in 2011. As COO and vice president for community investment, he oversees the foundation’s operations, including the distribution of more than 500 grants per year totaling $3.4 million, the professional]]>Inauguration today for University of Michigan presidenthttp://www.crainsdetroit.com/article/20140905/NEWS01/140909925/inauguration-today-for-university-of-michigan-president
http://www.crainsdetroit.com/article/20140905/NEWS01/140909925/inauguration-today-for-university-of-michigan-presidentFri, 5 Sep 2014 06:06:08 EDTAssociated Press - ANN ARBOR — A formal inauguration for University of Michigan President Mark Schlissel takes place today as students wrap up the first week of classes for the fall semester. Today's events start with symposia on biomedical research and privacy at Blau Auditorium. An afternoon ceremony is planned at Hill Auditorium to install Schlissel as the school's 14th president. A community welcome reception takes place at Ingalls Mall. Michigan Gov. Rick Snyder is among those expected to offer]]>Busch's grocery chain names Mike Brooks CEOhttp://www.crainsdetroit.com/article/20140903/NEWS/140909958/buschs-grocery-chain-names-mike-brooks-ceo
http://www.crainsdetroit.com/article/20140903/NEWS/140909958/buschs-grocery-chain-names-mike-brooks-ceoWed, 3 Sep 2014 18:42:15 EDTQ&A with Kelly LaPierre, managing director, Desai Family Acceleratorhttp://www.crainsdetroit.com/article/20140824/NEWS/308249985/qa-with-kelly-lapierre-managing-director-desai-family-accelerator
http://www.crainsdetroit.com/article/20140824/NEWS/308249985/qa-with-kelly-lapierre-managing-director-desai-family-acceleratorSun, 24 Aug 2014 08:00:00 EDTKirk Pinho - Plans for the new Desai Family Accelerator at the University of Michigan in Ann Arbor were officially unveiled last week. Bharat Desai, founder of Troy-based Syntel Inc., is one of the accelerator's funders. Crain's reported in June that the accelerator, which at that time was unnamed, would be funded with a $1 million gift from the Desai family; UM wouldn't talk funding last week, but a press release said the Davidson Foundation is also a funder.The accelerator is a joint venture between the]]>UM center director calls for national depression registryhttp://www.crainsdetroit.com/article/20140824/NEWS/308249984/um-center-director-calls-for-national-depression-registry
http://www.crainsdetroit.com/article/20140824/NEWS/308249984/um-center-director-calls-for-national-depression-registrySun, 24 Aug 2014 08:00:00 EDTToyota tech staff move to bolster supplier relationshttp://www.crainsdetroit.com/article/20140810/NEWS/308109963/toyota-tech-staff-move-to-bolster-supplier-relations
http://www.crainsdetroit.com/article/20140810/NEWS/308109963/toyota-tech-staff-move-to-bolster-supplier-relationsSun, 10 Aug 2014 08:00:00 EDTExhausted owners to halt AA news sitehttp://www.crainsdetroit.com/article/20140810/NEWS/308109965/exhausted-owners-to-halt-aa-news-site
http://www.crainsdetroit.com/article/20140810/NEWS/308109965/exhausted-owners-to-halt-aa-news-siteSun, 10 Aug 2014 08:00:00 EDTDave Askins and Mary Morgan want to do other stuff — and take a breather.That's why they're ramping down the news website they created six years ago, the erudite AnnArborChronicle.com. It will halt regular publication of new material on Sept. 2 — the anniversary of both its launch and of Askins and Morgan's marriage.Askins wrote on Aug. 7 that he and his wife, a former Ann Arbor News business editor, have dedicated "virtually every waking moment to the enterprise" over the past six]]>Historic Pinkerton security company moves headquarters to Ann Arborhttp://www.crainsdetroit.com/article/20140808/NEWS/140809875/historic-pinkerton-security-company-moves-headquarters-to-ann-arbor
http://www.crainsdetroit.com/article/20140808/NEWS/140809875/historic-pinkerton-security-company-moves-headquarters-to-ann-arborFri, 8 Aug 2014 07:00:00 EDTChris Gautz - The historic Pinkerton security firm, which traces its roots to before the Civil War, has chosen to move its global headquarters to Ann Arbor. The company began the move this week from its headquarters in New Jersey and expects to be fully operational before the end of the month with a staff of about 30. The move will be officially announced Monday. Pinkerton President Jack Zahran said he decided to make the move from New Jersey, because he sees great potential in the Michigan area because the]]>AnnArborChronicle.com to stop publishing Sept. 2http://www.crainsdetroit.com/article/20140808/NEWS/140809834/annarborchronicle-com-to-stop-publishing-sept-2
http://www.crainsdetroit.com/article/20140808/NEWS/140809834/annarborchronicle-com-to-stop-publishing-sept-2Fri, 8 Aug 2014 12:16:12 EDTBill Shea - The AnnArborChronicle.com news site will cease regular publication on Sept. 2 – after exactly six years in business, the organization’s co-founder announced Thursday. While profitable, married co-founders Dave Askins and Mary Morgan have decided they have reached their limit — and Sept. 2 also coincides with their wedding anniversary. Askin wrote that he and wife, a former Ann Arbor News business editor, have dedicated “virtually every waking moment to the]]>